Monthly Repayment
$133,166
Minimum Household Income
$266,332
Mortgage Plan
Expenses
Stamp Duty [1]
1,615,000
Agent Commission [2]
380,000
Sub Total
1,995,000
Deposit
Initial Deposit (5%) [3]
1,900,000
S & P Agreement (5%) [3]
1,900,000
Further Down Payment
7,600,000
Sub Total
11,400,000
Total Cash Outlay
13,395,000
Financing
26,600,000
Total Interest Payable
13,349,800
Total Repayment
39,949,800
Monthly Repayment
133,166
[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.